New Research Project Examines Resources for Small, Medium-sized Companies in Michigan

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Two state agencies have partnered to launch a research project designed to determine what resources small and medium-sized Michigan companies require for future growth and success.

“Small business operations are expanding and thriving, but increasingly, they find they need assistance in managing growth and success,” says Rob Fowler, president and CEO of the Small Business Association of Michigan. “This … research collaboration with the Michigan Small Business Development Center will collect valuable information that will assist our organizations in providing the services and products that will help entrepreneurs thrive in the future.”

Fowler says the research project launched last week with a survey of small business owners to learn more about what kind of assistance they need in accessing talent, commercialization/innovation, tax policy, and overcoming obstacles to growth.

“Small business is the heart of a vibrant community and sustainable economy,” says Keith Brophy, state director of the Michigan Small Business Development Center. “It is vital we base our programs on direct feedback of the state’s small businesses to best align with needs and ultimately create the best results.”

Brophy says it has been 25 years since the last time a comprehensive small business needs assessment was conducted in the state.

Grand Rapids-based Michigan Small Business Development Center offers counseling services, workshops, commercialization services, and business plan development services. Lansing-based Small Business Association of Michigan offers political advocacy and resources such as seminars and events for small business owners.